Gerdau(GGB) - 2025 Q1 - Quarterly Report

G E R D A U S.A. GERDAU S.A. CONSOLIDATED BALANCE SHEETS In thousands of Brazilian reais (R$) (Unaudited) | | Note | March 31, 2025 | December 31, 2024 | | --- | --- | --- | --- | | CURRENT LIABILITIES | | | | | Trade accounts payable - domestic market | 11 | 4,637,773 | 3,892,296 | | Trade accounts payable - debtor risk | 11 | 448,278 | 459,899 | | Trade accounts payable - imports | 11 | 1,347,230 | 1,365,909 | | Short-term debt | 12 | 2,096,638 | 697,049 | | Debentures | 13 | 158,467 | 37,988 | | Taxes pa ...